Libya Annual GDP Growth Table
Source: WorldbankGrowth | Growth Capita
In 2024, Libya experienced a significant a decrease in its GDP growth rate, which fall to 1.9% from 10.2% in 2023. Additionally, the GDP per capita growth rate in Libya decrease to 0.86% in 2024, compared to 8.965% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 9.896% | 9.90% | 5.459% | 5.46% |
| 1962 | 32.525% | 22.63% | 27.111% | 21.65% |
| 1963 | 35.02% | 2.50% | 29.549% | 2.44% |
| 1964 | 45.072% | 10.05% | 39.841% | 10.29% |
| 1965 | 28.149% | -16.92% | 24.574% | -15.27% |
| 1966 | 18.592% | -9.56% | 15.703% | -8.87% |
| 1967 | 11.11% | -7.48% | 8.234% | -7.47% |
| 1968 | 33.864% | 22.75% | 30.122% | 21.89% |
| 1969 | 13.088% | -20.78% | 9.634% | -20.49% |
| 1970 | 4.951% | -8.14% | 1.509% | -8.13% |
| 1971 | -5.278% | -10.23% | -8.398% | -9.91% |
| 1972 | 9.126% | 14.40% | 5.569% | 13.97% |
| 1973 | 1.937% | -7.19% | -1.944% | -7.51% |
| 1974 | 22.193% | 20.26% | 16.264% | 18.21% |
| 1975 | 4.028% | -18.17% | -1.609% | -17.87% |
| 1976 | 22.881% | 18.85% | 16.122% | 17.73% |
| 1977 | 8.853% | -14.03% | 2.797% | -13.33% |
| 1978 | 3.305% | -5.55% | -2.482% | -5.28% |
| 1979 | 8.958% | 5.65% | 2.849% | 5.33% |
| 1980 | 0.685% | -8.27% | -4.917% | -7.77% |
| 1981 | -19.19% | -19.88% | -23.588% | -18.67% |
| 1982 | 2.806% | 22.00% | -0.045% | 23.54% |
| 1983 | -2.472% | -5.28% | -2.32% | -2.28% |
| 1984 | -5.042% | -2.57% | -6.418% | -4.10% |
| 1985 | 8.327% | 13.37% | 4.851% | 11.27% |
| 1986 | -11.353% | -19.68% | -13.971% | -18.82% |
| 1987 | -14.702% | -3.35% | -17.022% | -3.05% |
| 1988 | 7.579% | 22.28% | 4.837% | 21.86% |
| 1989 | 7.199% | -0.38% | 4.604% | -0.23% |
| 1990 | 3.72% | -3.48% | 1.333% | -3.27% |
| 1991 | 15.655% | 11.94% | 13.131% | 11.80% |
| 1992 | -2.712% | -18.37% | -4.724% | -17.86% |
| 1993 | -3.763% | -1.05% | -5.648% | -0.92% |
| 1994 | 1.935% | 5.70% | 0.054% | 5.70% |
| 1995 | -2.22% | -4.16% | -3.91% | -3.96% |
| 1996 | 2.134% | 4.35% | 0.485% | 4.40% |
| 1997 | 5.213% | 3.08% | 3.608% | 3.12% |
| 1998 | -3.552% | -8.77% | -4.979% | -8.59% |
| 1999 | 0.75% | 4.30% | -0.744% | 4.24% |
| 2000 | 3.679% | 2.93% | 1.979% | 2.72% |
| 2001 | -1.763% | -5.44% | -3.556% | -5.54% |
| 2002 | -0.959% | 0.80% | -2.843% | 0.71% |
| 2003 | 13.016% | 13.98% | 10.784% | 13.63% |
| 2004 | 4.462% | -8.55% | 2.326% | -8.46% |
| 2005 | 11.871% | 7.41% | 9.539% | 7.21% |
| 2006 | 6.501% | -5.37% | 4.338% | -5.20% |
| 2007 | 6.23% | -0.27% | 4.069% | -0.27% |
| 2008 | -0.162% | -6.39% | -2.26% | -6.33% |
| 2009 | -4.4% | -4.24% | -6.371% | -4.11% |
| 2010 | 5.027% | 9.43% | 2.907% | 9.28% |
| 2011 | -50.339% | -55.37% | -49.128% | -52.04% |
| 2012 | 86.827% | 137.17% | 91.781% | 140.91% |
| 2013 | -17.998% | -104.83% | -19.628% | -111.41% |
| 2014 | -23.043% | -5.05% | -24.511% | -4.88% |
| 2015 | -0.843% | 22.20% | -2.43% | 22.08% |
| 2016 | -1.491% | -0.65% | -2.981% | -0.55% |
| 2017 | 32.492% | 33.98% | 30.395% | 33.38% |
| 2018 | 7.941% | -24.55% | 6.203% | -24.19% |
| 2019 | -11.196% | -19.14% | -12.499% | -18.70% |
| 2020 | -29.455% | -18.26% | -30.4% | -17.90% |
| 2021 | 28.3% | 57.76% | 26.685% | 57.09% |
| 2022 | -8.3% | -36.60% | -9.425% | -36.11% |
| 2023 | 10.2% | 18.50% | 8.965% | 18.39% |
| 2024 | 1.9% | -8.30% | 0.86% | -8.11% |